logo
AGF Seeks Stability With Goldring Taking Over After CEO's Death

AGF Seeks Stability With Goldring Taking Over After CEO's Death

Bloomberga day ago
Analysts are mourning the sudden death of Kevin McCreadie, AGF Management Ltd. 's chief executive officer, and praised the asset manager for swiftly enacting its succession plan.
President Judy Goldring assumed the CEO role on Thursday, which should ensure continuity at the firm, Jefferies analyst Aria Samarzadeh wrote in a note. Goldring has extensive experience in the organization and is 'well known and respected by the Street,' he said. The Goldring family controls AGF.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Jim Cramer on Procter & Gamble: 'They'll Be Able to Beat the Numbers'
Jim Cramer on Procter & Gamble: 'They'll Be Able to Beat the Numbers'

Yahoo

time31 minutes ago

  • Yahoo

Jim Cramer on Procter & Gamble: 'They'll Be Able to Beat the Numbers'

The Procter & Gamble Company (NYSE:PG) is one of the 22 stocks Jim Cramer recently talked about. Discussing the impact of the currency on the company, Cramer said: 'Let me give you another story. The dollar keeps getting killed, right? We keep hearing chatter all day about how it's dangerous, that the greenback's at a 4-year low, dangerous. I can't believe my ears. Have these naysayers ever been on a consumer packaged goods conference call? Practically every country on earth loves to devalue their currency in order to make their exports more competitive and kill our competition, kill our commerce. A happy couple viewing the products of this household and personal product company in a mass merchandiser store. Procter & Gamble (NYSE:PG) provides consumer packaged goods across categories including beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care. Its products are sold under well-known brand names. While we acknowledge the potential of PG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.

Jim Cramer Calls Goldman Sachs 'Cramer fave'
Jim Cramer Calls Goldman Sachs 'Cramer fave'

Yahoo

time31 minutes ago

  • Yahoo

Jim Cramer Calls Goldman Sachs 'Cramer fave'

The Goldman Sachs Group, Inc. (NYSE:GS) is one of the22 stocks Jim Cramer recently talked about. Cramer mentioned that he is 'happy with' having a position in the company stock for his trust, as he commented: 'Goldman Sachs, which we own for the Charitable Trust… let's just say it's had a smaller dividend payout than its peers for a long time, but also just announced a major 33% dividend boost. Now, even after that, the stock only yields 2.23%, but that is no longer chintzy… Goldman trades at 2.22 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks… A close-up of a financial advisor giving advice to a customer, demonstrating the importance of consumer and wealth management. Goldman Sachs (NYSE:GS) is a global financial services company that specializes in investment banking, wealth management, and a range of other financial services. While we acknowledge the potential of GS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio

Jim Cramer Calls JPMorgan the 'Big Dog in the Banking Sector'
Jim Cramer Calls JPMorgan the 'Big Dog in the Banking Sector'

Yahoo

time31 minutes ago

  • Yahoo

Jim Cramer Calls JPMorgan the 'Big Dog in the Banking Sector'

JPMorgan Chase & Co. (NYSE:JPM) is one of the 22 stocks Jim Cramer recently talked about. Cramer's opinion was that the stock is cheap compared to the rest of the S&P 500. He said: 'The big dog in the banking sector, JPMorgan, announced a 7.1% dividend boost that gives the stock a 2.05% yield here. That is the lowest of the group. But JPMorgan also announced a massive $50 billion buyback, and that would shrink the share count by about 6% at these levels… JPMorgan trades at 2.91 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… A group of business people discussing plans around a boardroom table adorned with a financial services company logo. JPMorgan (NYSE:JPM) provides a broad range of financial services, including consumer banking, lending, investment banking, securities services, and asset and wealth management for individuals, businesses, and institutions. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store